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Off market
  • $2,720,100

    517 Atlantic Ave #B, Brooklyn, NY 11217

    4beds
    2,544sqft
    MultiFamily
    Built in 1899
    -- sqft lot
    $2,720,100 Zestimate®
    $1,069/sqft
    $5,577 Estimated rent

    Home value

    $2,720,100

    $2.26M - $3.26M

    $5,577/mo

    Zestimate® history
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    Owner options

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    $5,577/mo

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    $5,577/mo

    Rent Zestimate®

    Refinance and save

    $16,416/mo

    Est. payment

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    $16,416/mo

    Est. payment

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    What's special

    Ground-floor commercial spaceExposed brickClose to barclays centerPopular fort greene parkFantastic smithDecorative fireplacesHardwood floors

    Don't miss this rare opportunity to acquire an occupied mixed-use building located in the heart of one of Brooklyn's most desirable neighborhoods. This turnkey investment property features a ground-floor commercial space and two (2) two-bedroom, one-bathroom apartments - occupied at free-market rates. Offered at $2.6 million/4.33% cap rate. (with market rents 4.87% cap) The two apartments feature hardwood floors, 11-foot-tall ceilings and bright northern and southern exposures. Updated open kitchens with breakfast bar seating flow to large open-plan living/dining areas flanked by exposed brick and decorative fireplaces. Two nicely sized bedrooms share a large full bathroom. The apartments are occupied until 12/1/22 and 7/1/23. The ground-floor commercial space is currently occupied by a beauty supply business. This offering boasts an exceptional location outside of neighboring historic districts and near the intersection of Atlantic and Flatbush avenues, close to Barclays Center, Atlantic Terminal Mall and BAM, with easy access to Whole Foods, Apple Store, Target, Trader Joe's and more. Popular Fort Greene Park, fantastic Smith and Court street attractions and sprawling Prospect Park are nearby. Transportation is effortless with B/D, N/Q/R, 2/3, 4/5 and G trains, excellent bus service and CitiBike stations all within reach.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Interior area
    • Total interior livable area: 2,544 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1899

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $1,069/sqft

    Price history

    DateEventPrice
    10/20/2022Listing removed--
    Source: StreetEasy Report a problem
    9/23/2022Price change$2,500,000-3.8%$983/sqft
    Source: StreetEasy Report a problem
    7/11/2022Listed for sale$2,600,000$1,022/sqft
    Source: StreetEasy Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Boerum Hill

    Nearby schools

    GreatSchools rating